Retirement Nestegg Report August 2016

Retirement Nestegg Report August 2016

Well another all-time high for my retirement nestegg and some slight out-performance by my investments. I also broke through the $600,000 mark in the middle of last month

One thing new this month is that I have finally decided to include some private stock that I own in my retirement nestegg report. Historically I have not included this for a number of reasons. First it is not a very liquid asset where I can get an updated value each month – I really only get value on it once a year at the annual stockholders meeting when I get word of recent stock transactions and the book value of the bank. It also historically was a decent chunk of my portfolio so it would have skewed my investing returns – now it is less than 10% so it would not have a very big affect on calculating my performance.

The other reason I have not included it historically is because it was a gift from my father who initially put the $10,000 into starting the bank when I was a freshman in high school and put it in my name. Part of the reason I started this blog was that I knew this journey was going to end up with be accumulating a 7 figure nestegg and I wanted to document how straightforward and simple it is to do and that anyone can do it. Not everyone is getting a $10,000 gift from their parents in high school as an investment so I didn’t want that to detract from the overall success my nestegg would have over the years so I have just pretended it didn’t exist.

That being said I am spending more and more time working out the math for when I feel I am financially independent enough to stop working and this asset will likely be a part of that equation so I have now included it as I believe the focus of this blog will change from counting up how big my nestegg has grown to counting down to the point where my nestegg can provide for all of the living expenses I and my family will need the rest of my life.

Taxable Account- $45,373.53 (-3.57%)
Private Stock $60,000 (+0.00%)
Traditional Rollover IRA – $32,328.93 (-0.34%)
My Roth IRA ā€“ $149,409.43 (+1.79%)
Wife Roth IRA ā€“ $82,656.91 (-0.92%)
Traditional 401k ā€“ $285,250.99 (+1.16%)

Roth/Traditional % = 35.43% (tax free)

Total Retirement Nest Egg $655,019.79(+10.71%)
Retirement Salary (4%) – $26,200.79

Monthly Contributions $1,371.16 (401k) $60,000 (private stock inclusion)
SP500 Performance -0.12%
My Monthly Investment Performance +0.36% (+0.48% vs SP500)
My Monthly Individual Stocks Performance +0.03% (+0.15% vs SP500)

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